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Chicago City Wire

Friday, May 30, 2025

Former state university employee Hasan paid in $190K to pension fund, could collect $3.1M in retirement

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Former state university employee Zyad Hasan, who retired in June 2018, saved $190,393 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hasan would collect as much as $3.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Hasan received $65,160 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hasan will have already received $201,403 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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